What's the difference between Fafsa and Pell?
Disclaimer: I’m the founder of mos.com, an online platform which helps students apply for college financial aidImportant question to understand how financial aid works! FAFSA and Pell are terms that get thrown around a lot, and it’s easy to miss what it is exactly that people are talking about.In a nutshell:The FAFSA is the form you use to apply for financial aid (grants and loans, etc.) from the Federal government - it’s also required by colleges for their aid programsThe Pell Grant is one of the grants (and the country’s biggest grant program) that you can apply for through FAFSAEvery high school student considering college should absolutely fill out a FAFSA. Every year, the Federal and State governments provide over $135 billion in financial aid to students in the form of grants and scholarships, work-study jobs, and student loans. The FAFSA is the way to access those financial aid programs. If you don't apply, you'll miss out and end up paying full-price. Ouch.When you fill the FAFSA, you might qualify for a Pell Grant, based on your level of financial need. The maximum Pell Grant amount is $6,095 and is provided to those with the greatest amount of need. The better a student's family's finances, then the smaller the size of the Pell Grant the student will get.Congrats on your Pell Grant award, and don’t forget to re-submit your FAFSA for every academic year (each application only covers one year)!For even more details on FAFSA vs. Pell, you can also check this article on the subject: What’s the difference between "FAFSA®" and "Pell"?
Is MARQUE LEARNING CENTER legit?
Does anyone know or have known a thing or two about this place? I heard its just a quick way for this family operated business to cash in on hopeless victims that deserve better? I know atleast 10+ people who undergone and recieved their GED, and it didnt work out for them. Need info as soon as possible. Thanks!
Do banks in India provide SME loans without collateral?
A bank offers loans to a business based on a couple of factors: the value of the business and its perceived ability to repay the loan on time and in full. It’s typically more difficult for a business to qualify for a loan from a bank, but if it can, there are some definite positives about borrowing from a bank.Small business lending has never been so full of different options as it is today. For business owners, that’s a good thing. The explosive growth of the alternative lending industry has led to more access to credit for small business owners that the traditional banks had been turning away, for sure.On the downside, the traditional bank can take much longer to get a loan from a bank because the process is more intensive and banks typically require more financial information. On contrary with online money lenders, there are typically lower document requirements and an online process, which allows small-business owners to avail quick business loans.
How much do HCC students get in refunds?
This depends on a number of factors. 1) What is your Expected Family Contribution (EFC)? EFC is based on your FAFSA answers.2) How many classes are you taking? IIRC, you have to take six credit hours to get financial aid. The more classes you take the less of a refund you get.3) What year in school are you. If you have more than thirty credits under your belt, you’ll probably be considered a sophomore, and may get a larger financial aid award.Basically, there’s no way of predicting what sort of refund you get, without knowing the answers to these questions first. I would fill out a FAFSA and once it’s accepted, go to the HCC financial aid office and ask for a ball park amount of your award. Minus tuition and fees, and that will be your refund. (If you are going for less than 12 credit hours, you will get a lower award.)
How much of our income tax goes to the federal reserve?
Directly, none, but that doesn’t really tell the whole story.Your federal income taxes go into the general fund that the federal government uses. Part of the expenditures is payments on federal debt. A large portion of those payments goes to the Federal Reserve.In 2014, $64 billion was paid by the federal government to the federal reserve. See the Fed’s accounting statement:Federal Reserve BanksBut wait, there’s more!After the Fed pays its expenses, board member reimbursements, interest on deposits held at the Fed, etc, it gives its “profit” back to the US Treasury.In 2014 (latest report available), the Fed remitted $96 billion back to the Treasury.The remittance back to the Treasury is higher than the interest income from the Treasury because the Fed also had income of about $53 billion from mortgages and mortgage-backed securities that the Fed has acquired over the last several years.So some portion of your income taxes goes to payments on debt that the Fed owns and some portion goes to federally-backed defaulted loans that the Fed owns. The Fed spends about 10% of that total and then gives the rest back to the Treasury.
Can I checkout early from a hotel? Is it important to tell the hotel that I will checkout early while checking in?
If it's on the last or only night of your reservation, then no. It's quite common. In most hotels you can just leave the keycard in the room. Checking out formally with the front desk may help to get the extra funds authorized on your credit card released faster.If you mean leaving on a day before the final day of your original reservation, this is technically a cancellation, and policies will differ by hotel. If you have a compelling reason (e.g. Family emergency), speak with the hotel manager as they may make an exception for you.